What business can I start with low start up costs?

Discussion in 'Starting a Business' started by TheConnect, Jul 10, 2011.

  1. Daniel Jameson

    Daniel Jameson
    uix_expand uix_collapse
    New Member

    Joined:
    Mar 16, 2018
    Messages:
    14
    Likes Received:
    1
    Some of the business ideas require nothing more than an internet connection, while others demand a level of licensing or a specific set of vocational skills the choice is yours!. There are many options by which you can start your own business with low startup costs.

    • Mobile recharge shop
    • Breakfast joint
    • House Cleaning
    • Driving school
    • Photographer
    If none of these suit you, think of what another type of service you could provide and start using similar tactics.
     
  2. meredith karter

    meredith karter
    uix_expand uix_collapse
    New Member

    Joined:
    Oct 22, 2018
    Messages:
    6
    Likes Received:
    1
    Totally depends on the skill set. If you are great at sales, partner with any supplier and start upselling there product. Generally, any business where you do not hold the inventory and are just a middleman would involve little to no cost.

    Amazon FBA may be a good starting point.
     
  3. jikajika

    jikajika
    uix_expand uix_collapse
    New Member

    Joined:
    Oct 24, 2018
    Messages:
    6
    Likes Received:
    3
    Start a blog/vlog.
    Create content about the subject you love.
    Make sure the content is in various formats - audio, written word, and video.
    Distribute it across social media land.

    You have a vlog about football and basketball? Sweet.
    You can talk about national stuff - sure.
    But what about the local games as well?
    From peewee league to college level.

    Do play by plays.
    Interview players and coaches.
    Talk about their workout regimens, etc.

    And then rip out the video, and upload it to spotify or itunes or soundcloud where it's just the audio.

    Get it?
    You can do this with any one of your interests, but stick with something you would LOVE to do a deep dive on for the next 10 years.
     
  4. Vineet Khanna

    Vineet Khanna
    uix_expand uix_collapse
    New Member

    Joined:
    Oct 29, 2018
    Messages:
    6
    Likes Received:
    1
    Make sure you have enough funding to stand it and also promote it. If the idea is good then you can go ahead and execute the idea. Don't be afraid if you don't have response initially. Every business takes time .
     
  5. aminsaleh

    aminsaleh
    uix_expand uix_collapse
    New Member

    Joined:
    Nov 7, 2018
    Messages:
    1
    Likes Received:
    0
    Local dropshipping store or amazon arbitrage are a good example.
     
  6. jamesburton

    jamesburton
    uix_expand uix_collapse
    New Member

    Joined:
    Jul 26, 2018
    Messages:
    7
    Likes Received:
    0
    Searching for a low start-up business? Today's time room rental is one of the businesses which you can start with a minimum amount. Because a perfect place for holding huge events of various formats. Conferences, forums, meetings, training and workshops will be the first needs of an organization.
     
  7. RingRingNow

    RingRingNow
    uix_expand uix_collapse
    New Member

    Joined:
    Nov 22, 2018
    Messages:
    14
    Likes Received:
    2
    I know this thread is started in 2011 but le me add my opinion.

    A service business it's the best business to start with a low investment - - in my opinion. You can do it online, or offline. If you have the skills you can do it. Some ideas. If you want to work online: Webdesign, graphic design, building software, copywriting, writing articles. You can have global clients, you are not limited. For offline small business you may need some tools, depending on what you want to do. You can start a repairing service, painting, cleaning, there are so many options for both options (offline and online) i suggest you to read the book called The $100 Startup by Chris Guillebeau
     
  8. singhabhishek251

    singhabhishek251
    uix_expand uix_collapse
    Member

    Joined:
    May 22, 2013
    Messages:
    127
    Likes Received:
    3
    I have seen some people foray into water business and that is a very low cost business and can be expanded slowly to a great height. I will suggest to start with this and promote locally. for this you can have a website where you can highlight the need of fresh drinking water and promote that website through different means to make people aware about the same. this will help you start a good small business at very low cost.
     
  9. Anshu Sharma

    Anshu Sharma
    uix_expand uix_collapse
    New Member

    Joined:
    Dec 29, 2018
    Messages:
    6
    Likes Received:
    1
    Hi

    It totally depends upon your expertise & which field experience.

    For example I have experience of digital marketing so I have own digital marketing agency
     
    • Like Like x 1
  10. oye satrtup

    oye satrtup
    uix_expand uix_collapse
    New Member

    Joined:
    Jan 16, 2019
    Messages:
    1
    Likes Received:
    0
    In financial planning business, you need to provide advice to the customer about investment & financial planning.
    It is advisable to become certified financial planner before starting financial planning business.
     
  11. LaDarius Gremillion

    LaDarius Gremillion
    uix_expand uix_collapse
    New Member

    Joined:
    Jan 18, 2019
    Messages:
    2
    Likes Received:
    0
    A digital Product + Membership Is the way to go! You can easily create one of these by teaching others something you know about or coaching/mentoring them. The best part about it is that if they stay for more than one month, that's recurring income every single month as long as they stay. Imagine getting 100 people on a membership for $50 a month, that's $5,000 a month and you could charge way more than that! This is definitely a way to scale your business and blow up your income if done correctly.
     
  12. theceo

    theceo
    uix_expand uix_collapse
    New Member

    Joined:
    Jun 9, 2018
    Messages:
    14
    Likes Received:
    0
    you can start reseller business of affiliate marketing
     
  13. meredith karter

    meredith karter
    uix_expand uix_collapse
    New Member

    Joined:
    Oct 22, 2018
    Messages:
    6
    Likes Received:
    1
    Before starting any business do market research, check what the people are doing, their needs and how can u serve the market. just prepare one plan include your cost, services and deadlines for achieving the targets. First thing just decide what you can do or your skills
     
  14. linneasandel

    linneasandel
    uix_expand uix_collapse
    Member

    Joined:
    Jan 31, 2019
    Messages:
    116
    Likes Received:
    1
    There are so many ideas to start up a new business with low-cost such as virtual assistant, event planning services, professional reviewers, website developer, blogger etc these can be the best option for you.
     
  15. Miriam Guimel

    Miriam Guimel
    uix_expand uix_collapse
    New Member

    Joined:
    Feb 7, 2019
    Messages:
    19
    Likes Received:
    1
    Reviewing stuff / vlogging can bring you good money and if you do create relatable content for people, you can start a merch after.
     
  16. PatrickM

    PatrickM
    uix_expand uix_collapse
    New Member

    Joined:
    Feb 24, 2019
    Messages:
    11
    Likes Received:
    2
    Something on this list could spark an idea?
    Business
    Technical writing
    Copywriting and editing
    Project management
    Strategic / management consulting
    Business writing (business plans, grants, white papers, proposals)
    Sales
    Public relations
    Research
    Transcription / scoping services
    Human resources / payroll services
    Event planning / promotion

    Creative
    Video production / editing
    Design (brochures, business cards, logos, newsletters)
    Web design
    User interface & user experience (UI/UX)
    Audio production
    Photography
    Presentation design(PowerPoint, etc.)

    Marketing / technology
    Internet marketing consulting
    Search engine optimization (SEO)
    Pay-per-click advertising (PPC)
    Google Analytics
    Programming / web development
    E-commerce consulting
    Lead generation
    Computer networking
    Database administration
    Community management / promotion
    Blogging / blog consulting
    Small business marketing
    IT Security

    Tutoring and coaching
    Education (college/SAT prep, math and english, language, LSAT prep)
    Productivity coaching
    Sports / Personal Training
    Business training
    Martial arts instruction
    Dance / choreography
    Dating / social skills
    Music

    Financial
    Accounting / bookkeeping
    Tax and financial planning

    Miscellaneous
    Travel Planning
    Personal / virtual assistant
    Cooking / personal chef
    Courier services
    Pet services (grooming, walking, etc.)
    General computer help / training
    Career help (finding work, optimizing resumes, cover letters, interviews)
    Home maintenance / organizing
    Fashion / image consulting
    Physical therapy
    Public speaking outreach
    Child care
    Automobile / Motorcycle repair
     
  17. mah

    mah
    uix_expand uix_collapse
    New Member

    Joined:
    Mar 7, 2019
    Messages:
    1
    Likes Received:
    0
    Content writing is very profitable on Fiver. You should check it out
     
  18. VITS USA

    VITS USA
    uix_expand uix_collapse
    Member

    Joined:
    Aug 20, 2018
    Messages:
    569
    Likes Received:
    46
    Network Marketing is also the good option.
     
  19. overcast

    overcast
    uix_expand uix_collapse
    Member

    Joined:
    Oct 26, 2017
    Messages:
    195
    Likes Received:
    13
    These days people clean house, make takeaway food and also help other people for some money. So I think for low cost startup these ideas can be pretty much worth it.
     
    • Dislike Dislike x 1
  20. abdulkaddir

    abdulkaddir
    uix_expand uix_collapse
    Member

    Joined:
    May 8, 2018
    Messages:
    34
    Likes Received:
    1
    You can start digital marketing or e-commerce with a low budget.
     

Share This Page